Social infrastructure needs policy facilitation
The private developers can at the best maintain some components of social infrastructure like schools & hospitals, but not the key components like police station or post office in the vicinity.
The private developers can at the best maintain some components of social infrastructure like schools & hospitals, but not the key components like police station or post office in the vicinity.
Track2Realty Exclusive: Industry experts assert if the neighbourhood does not have the supportive social infrastructure, the demand will be less compared to the well-developed areas. The number of houses remaining vacant in a project in the core areas of the city is less compared to those outside the city.
Track2Realty Exclusive: The steady growth of the Coimbatore property market even in the wake of the overall economic slowdown makes it a curious case for many analysts. It is convenient to say that the market of Coimbatore real estate is by and large end-user driven and hence a realistic market to sustain the effects of slowdown.
While there is no denying that quality social infrastructure projects like Golf Club have been the USP of India’s luxury landscape in Gurgaon, yet such projects have often fallen into the no man’s land in terms of its ownership issues and challenges to create.
The proposed Delhi Mumbai Industrial Corridor (DMIC) also promises to change the Faridabad landscape opening floodgates of opportunity. The DMIC stretch that touches Faridabad-Palwal is poised to open floodgates of economic opportunities with world class infrastructure at the doorsteps of Faridabad.
We keep hearing the term ‘market drivers’ being used in real estate. What are they? Market drivers can be defined as developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far the most important driver for real estate demand and property appreciation growth.
Track2Realty Exclusive: While the infrastructure of Pune has been comparably better than many urban centres across the country, there is no denying the fact that the kind of urbanisation and migration that is happening in the city the load on the infrastructure is increasingly getting heavy. Moreover, since most of the infrastructure has been created by the private developers in the city of late; hence there has been uneven growth of infrastructure across the city.
Track2Realty: The greatest opportunity and challenge to India’s growth is infrastructure and the greatest challenge to the growth of infrastructure is risks – anticipated and unforeseen – that is part of any project. Risk and its effective mitigation were discussed at Confederation of Indian Industry’s (CII) & CBRE’s flagship event the 2nd Edition of the Conference on Infrastructure Project Management with the theme ‘Risk Management in Projects’. CBRE is the Knowledge Partner for the Conference on Thursday, April 25.
Maxima is a boutique development consisting of a single tower up to 36 storeys. The project is RERA registered and the construction is going on in full swing. Maxima is strategically located at JVLR, Andheri East and offers excellent connectivity to prominent business districts across western & eastern suburbs, airports, the upcoming metro line and social infrastructure around.
Given the dynamic civic and social infrastructure in the area, the project lies in close proximity to posh localities- Versova, Lokhandwala and Juhu. The project is located between the two major connectivity nodes of New link Road and Veera Desai Road. Some of the major connectivity and infrastructure projects announced like the upcoming metro lines add considerable leverage to the acquisition. The project has easy access and direct connectivity to most of the Mumbai via road and metro.